Bad news for employees of THIS company as these workers may be sacked due to…, Not Ratan Tata's TCS, Azim Premji's Wipro or Narayana Murthy's Infosys
Narayana Murthy, Late Ratan Tata, Azim Premji (Left to right)
Massive layoff at Amazon: In a significant bad news for the employees of Amazon, Amazon CEO Andy Jassy has confirmed that the company will gradually reduce its corporate workforce over the next few years. As per the company, key roles like customer service, software development, HR, and middle management can possibly be phased out due to extensive implementation of generative AI and automation tools. Here are all the details you need to know about the possible massive layoff at Amazon. Massive layoff at Amazon
The company added that over 1,000 internal AI agents in inventory forecasting to automated seller listing tools are already streamlining operations and the resulting layoffs are expected to occur through natural attrition rather than large-scale cuts. Media reports note that around 14,000 manager-level roles have already been eliminated this year and more layoffs are expected to follow. Amazon India to invest over Rs 2,000 crore in 2025
In another related event, Amazon announced that it will invest over Rs 2,000 crore ($233 million) in 2025 to expand and upgrade operations infrastructure, improve associate safety and well-being programmes, along with developing new tools and technology for its fulfillment network. As per a report by IANS news agency, the new investment builds on top of Amazon's investments in creating an operations network that helps the company deliver to all serviceable pin-codes across the country.
'For over a decade now in India, we have been focused on building the best-in-class logistics infrastructure — designed to deliver with safety, speed, scale, and reliability for our customers across the country,' said Abhinav Singh, VP-Operations, Amazon India and Australia.
'By strengthening our infrastructure capabilities, enhancing processing capacity, and implementing state-of-the-art technology, we're positioning Amazon to better serve customers throughout India while supporting our employees, associates and partners who are the heart of it all,' Singh mentioned.
(With inputs from agencies)
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